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Updated over 4 years ago,

User Stats

53
Posts
4
Votes
Jordan Freeman
  • Appraiser
  • Colorado Springs, CO
4
Votes |
53
Posts

Condos

Jordan Freeman
  • Appraiser
  • Colorado Springs, CO
Posted

Hello again BP, I had some questions I was hoping to get some helpful answers too relating to condos as a first time home. I was recently told by many people that a great way to learn about real estate investing in the early stages would be to buy a home myself, to understand the ins and outs of home buying and ownership. So i was reading some of my old investing books to recap my knowledge and potentially bring some new ideas to light, and remembered about an idea I came across to buy a condo or town home as a rental investment and home owning experience. I thought this would be a great way to start as I not only get the ins and outs of home ownership, but i also learn what its like to be a landlord. any thoughts on this? i was also curious about if town homes are usually more expensive or not and what kind of HOA fees i would be faced with. thanks so much!

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